For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Abercrombie & Fitch (ANF - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Abercrombie & Fitch is one of 214 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ANF is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ANF's full-year earnings has moved 24.75% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, ANF has moved about 35.92% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 12.97% on a year-to-date basis. As we can see, Abercrombie & Fitch is performing better than its sector in the calendar year.
Looking more specifically, ANF belongs to the Retail - Apparel and Shoes industry, which includes 33 individual stocks and currently sits at #41 in the Zacks Industry Rank. On average, this group has gained an average of 1.15% so far this year, meaning that ANF is performing better in terms of year-to-date returns.
ANF will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.